Ownership

The misconduct alleged today, if true, amounts to corporate malfeasance. A single company apparently misappropriated funds for nearly 10 percent of the entire Lifeline program. I am outraged. There is no credible way that the merger before us can proceed until this Lifeline investigation is resolved and responsible parties are held accountable.

The US broadband and media industries are increasingly becoming consolidated, deregulated and freed of accountability, with little attention either from policymakers or the media. While Mexico is moving forward -- having recently developed new institutions and regulations intended to promote competition and accountability in telecommunications and media, the US is moving backwards. Competition in broadband and media in the US is vanishing as a result of decisions, big and small, by the Trump Administration. 

“For more than twenty years," said Federal Communicatuions Commission Chairman Ajit Pai, "Congress has instructed the Federal Communications Commission to review its media ownership regulations and revise or repeal those rules that are no longer necessary. But for the last fifteen years, a majority of the same Third Circuit panel has taken that authority for themselves, blocking any attempt to modernize these regulations to match the obvious realities of the modern media marketplace.

The Third US Circuit Court of Appeals threw out changes to broadcast media ownership rules approved by the Federal Communications Commission in 2017, saying the agency should have looked more closely at potential impacts on minority ownership. The court  said it agreed with public-interest groups that “the Commission did not adequately consider the effect its sweeping rule changes will have on ownership of broadcast media by women and racial minorities.” The court will vacate and remand “the bulk of” the FCC’s actions over the last three years for further consideration by the agency.

Thought things are tough for the tech industry in Washington now? Building Democratic frustration with the industry could bring a bigger crackdown if the 2020 election puts the party back in control of the White House. Look no further than the Federal Trade Commission — and its two Democrats — to see those dynamics at play. In a series of unusually blunt dissents in recent cases involving Facebook and Google, FTC Commissioners Rohit Chopra and Rebecca Kelly Slaughter argued for much tougher financial penalties for companies that break their promises and abuse their users’ privacy.

Verizon Chairman and CEO Hans Vestberg said that the company is installing 1400 miles of fiber per month and that it will begin offering multi-access edge computing (MEC) in fourth quarter. Verizon fiber deployments are critical to supporting a mixture of services, Vestberg said. “One part of the whole intelligent edge network was that . . .

The Senate Antitrust Subcommittee pressed top antitrust regulators to aggressively investigate the power of the country’s biggest tech companies, with some lawmakers questioning whether the officials had the will or resources to take on Silicon Valley’s richest businesses. The lawmakers pushed for assurances that the agencies would provide vigorous oversight of the companies. But the regulators — Joe Simons, the chairman of the Federal Trade Commission, and Makan Delrahim, the top antitrust official at the Justice Department — offered few details about their inquiries into the industry.

Bad blood between the the Federal Trade Commission and the Justice Department's antitrust division -- entities investigating the giants of the tech industry -- has grown more intense with the delivery of a letter from one agency to the other that might be considered the equivalent of a brushback pitch. Both agencies assert authority to investigate whether US companies are violating antitrust law by squeezing out competition.

A class action suit has been filed alleging that AT&T pumped up the subscriber count for its DirecTV Now streaming service (since rebranded to AT&T TV Now) to mask "serious technical problems due to premature roll-out." AT&T has recently reported subscriber losses across multiple platforms, including AT&T TV Now. The complaint claims that AT&T and "Executive Defendants," which includes CEO Randall Stephenson, "falsely depicted DirecTV Now as a fast-growing product with increasing subscribers and strong margins that would offset declining subscriber levels in AT&T’s o